1861 Wells Ave, Meridian, ID 83642
This exceptional sublease opportunity presents 3,403 square feet of modern office space within the Gramercy II building in Meridian, Idaho. Located at 1861 S Wells Ave, this suite (Suite 110) is part of a larger 30,000 square foot building situated on a 2.19-acre lot. Built in 2019, the two-story building features ample on-site parking and is zoned C-G by the City of Meridian. The space is ideal for businesses seeking a traditional or creative office environment, offering flexibility and immediate occupancy. The sublease term extends until October 31, 2027, with a competitive rate of $22.50 per square foot, full service, gross (FSG). The building itself boasts modern amenities, including elevators, and is conveniently located in Ada County, Idaho, with easy access to major transportation routes. The property's APN is R3238510270. This is a single-tenant occupancy space, perfect for a company seeking a well-maintained, modern office environment in a thriving Meridian location. Please schedule a showing to explore this outstanding sublease opportunity. Note: Do not disturb the current tenant.
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Edward Jones - Financial Advisor: Allen D Gamel, CFP®|ChFC® Financial Advisor
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Criterion Land Management LLC Construction Company General Contractor
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Westpark Co Inc Construction Company General Contractor
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Riverwood Homes Construction Company General Contractor
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NexTitle Title Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.